zkVerify: Horizen Labs Unveils Network to Simplify zk-Proof Verification

IconCryptoNewsTerminal Staff23 May, 2024

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zkVerify: Horizen Labs Unveils Network to Simplify zk-Proof Verification

Horizen Labs, a prominent Web3 blockchain developer, has launched zkVerify, a network designed to streamline and reduce the cost of verifying zero-knowledge (zk) proofs. This network promises to simplify the development and deployment of zk-rollup applications, a Layer 2 scaling solution for blockchains. zkVerify aims to address the computational burden and high gas fees associated with zk-rollups by providing a dedicated network for verifying zk-proofs. This offloading can significantly reduce the costs and complexities for developers, making zk-rollup applications more accessible. Horizen Labs' zkVerify represents a significant advancement in the field of zk-rollups, enabling wider adoption and accelerating the development of scalable and efficient blockchain applications.